View Single Post
Re: Nothing bad could possibly happen..
Old 05-14-2007, 05:14 AM   #8
Thinks s/he gets paid by the post
 
Join Date: May 2005
Posts: 3,657
Take a look back.... Microsoft had HUGE PEs back in the early 80s to 90s... why buy such a stock It is just a FAD...

Look at Google today... and what it was when it came out... but, it is just a FAD... (I still can't believe the market cap of this company.... boggles the mind)..

Can the Chinese economy continue at 8 to 10 percent growth I don't know... but their per capita GDP and standard of living etc. is still very very small.... so maybe yes..
Texas Proud is offline   Reply With Quote